Ed Ludwig Named as Top Performing Small Company Exec

Date : 06/30/2008 @ 12:07PM
Source : PR Newswire
Stock : Optelecom-Nkf (MM) (OPTC)
Quote : 6.0315  -0.5685 (-8.61%) @ 1:59PM
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Ed Ludwig Named as Top Performing Small Company Exec

GERMANTOWN, Md., June 30 /PRNewswire-FirstCall/ -- Optelecom-NKF, Inc. (NASDAQ:OPTC), today announced company CEO Edmund Ludwig scored top honors, ranking first among CEOs of small companies in the Washington Business Journal's List of Top Performing CEOs.

The list ranks local CEOs by average five-year return on equity, a measure of how efficiently a company generates profits for shareholders. The list is divided into three strata: large companies (more than $1 billion in revenue), medium ($100 to $999 million revenue), and small ($10 million to $99 million revenue). Return on equity is broadly considered to be a strong measure of a chief executive's performance.

"It's always nice when your efforts get noticed," said President and CEO Edmund Ludwig. "However, it's important to remember that the performance of any business depends on the efforts of its entire staff. We have a great group of people, around the globe, whose contributions and work ethic have resulted in this achievement. My thanks and congratulations go out to all Optelecom-NKF employees. We intend to continue working hard to maintain our business momentum."

About Optelecom-NKF

Optelecom-NKF, Inc. (NASDAQ:OPTC), is a global supplier of advanced video surveillance solutions, including IP cameras, video servers/codecs, network video recorders, fiber transmission equipment, video management and video analytics software. We deliver complete solutions for traffic monitoring and security of airports, seaports, casinos, prisons, utilities, public transit, city centers, hospitals, and corporate campuses.

Founded in 1972, Optelecom-NKF is committed to providing its customers with expert technical advice and support in addition to products that are developed and tested for professional and mission critical applications. All Optelecom-NKF IP surveillance solutions are marketed under the Siqura(R) name.

The Optelecom-NKF corporate headquarters is in Germantown, Maryland, USA, with European corporate offices in Gouda, the Netherlands, and sales offices or support covering Latin America, France, Spain, the UK, Germany, Italy, Dubai, and Singapore.

Investor inquiries should be directed to Mr. Rick Alpert at 301-948-7872.

DATASOURCE: Optelecom-NKF, Inc.

CONTACT: Rick Alpert of Optelecom-NKF, Inc., +1-301-948-7872

Web site: http://www.optelecom-nkf.com/

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